Buy JP Associates; target of Rs 102: IIFL

IIFL is bullish on Jaiprakash Associates and has recommended buy rating on the stock with a target of Rs 102 in its November 29, 2012 research report.
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Nov 30, 2012, 02.30 PM | Source: Moneycontrol.com

Buy JP Associates; target of Rs 102: IIFL

IIFL is bullish on Jaiprakash Associates and has recommended buy rating on the stock with a target of Rs 102 in its November 29, 2012 research report.

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Buy JP Associates; target of Rs 102: IIFL

IIFL is bullish on Jaiprakash Associates and has recommended buy rating on the stock with a target of Rs 102 in its November 29, 2012 research report.

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, IIFL |

IIFL is bullish on Jaiprakash Associates and has recommended buy rating on the stock with a target of Rs 102 in its November 29, 2012 research report.
 
“JP Associate after long consolidation has signaled breakout from flag pattern above Rs93.5. Such breakout was accompanied with good volumes and upside projection of pattern easily surpasses levels of Rs105. The daily RSI to have confirmed this up move with formation of higher high and has been sustaining above 55 levels quiet comfortably. (Duration 10 days),” says IIFL research report.

Institutional holding more than 40% in Indian cos

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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Buy JP Associates; target of Rs 102: IIFL

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